Coal India IPO GMP History
Coal India IPO has been listed on November 4, 2010 at a listing price of ₹291, against the issue price of ₹245 — a gain of ₹46 (+18.78%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Coal India IPO raised ₹15199.44 Cr. through its IPO at a price band of ₹225 to ₹245 per share, with a lot size of 25 shares. The IPO was open for subscription from 18 Oct 2010 to 21 Oct 2010.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 12 Nov, 3:09 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| No GMP history available yet. | |||||
Coal India IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 18 Oct 2010
- Close 21 Oct 2010
- Allotment TBA
- Refund/credit TBA
- Listing 04 Nov 2010
Coal India IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹245 |
|---|---|
| Listing gain / loss | +₹46 per share |
| Listing date | 04 Nov, 2010 |
| Actual listing price | ₹291 (+18.78%) |
Is Coal India IPO GMP reliable?
Grey market premium for Coal India IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Coal India IPO full review for a fundamentals-based assessment before making any grey market trades.
Coal India IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Coal India IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Coal India IPO
Coal India Limited was originally incorporated on 14 June 1973 as Coal Mines Authority Limited. Its promoter is the President of India.
According to CRISIL Research quoted in its RHP, it is the largest coal producing company in the world, with raw coal production of 431.26 million tons in fiscal 2010, and the largest coal reserve holder in the world.
As of 31 March 2010 it operated 471 mines in 21 major coalfields across eight states, including 163 open cast, 273 underground and 35 mixed mines, and 17 coal beneficiation facilities with 39.40 million tons a year of feedstock capacity.
The IPO was Rs 15,199.44 crore and was entirely an offer for sale by the Government of India at Rs 245, the top of the Rs 225 to Rs 245 band, so the company received no money.
Frequently asked
What is the GMP of Coal India IPO?
The current Grey Market Premium (GMP) of Coal India IPO is not yet started or active in the market.
What is the Kostak Price of Coal India IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Coal India IPO is not available.
What is the Subject to Sauda Price of Coal India IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Coal India IPO?
Coal India IPO listed on November 4, 2010 at ₹291, against the issue price of ₹245 — a gain of +18.78%.
How did the GMP of Coal India IPO trend before listing?
The GMP of Coal India IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Coal India IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
